Hi
PPOR is now paid off.
Looking to retire in under 10yrs.
IP has $309K on IO and $130k P&I
IP covers it's own cost for IO loan and I am hitting the P&I loan hard with my wages.
Have $11K in ETF.
Should I use the $11K and all spare cash to pay down P&I loan ?
Or leave P&I loan as it is and put spare cash into ETF ?
Not looking to invest in anymore IP's....I stress too much
Thanks
Richard
PPOR is now paid off.
Looking to retire in under 10yrs.
IP has $309K on IO and $130k P&I
IP covers it's own cost for IO loan and I am hitting the P&I loan hard with my wages.
Have $11K in ETF.
Should I use the $11K and all spare cash to pay down P&I loan ?
Or leave P&I loan as it is and put spare cash into ETF ?
Not looking to invest in anymore IP's....I stress too much
Thanks
Richard
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